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29 Jun
16:54

Metinvest reduces ore, steel production amid war

Metinvest has suspended production at its Southern, Ingulets iron ore mining and processing plants from 1 July due to the Russian invasion of Ukraine, Kallanish notes. Output at Northern GOK will also be suspended from mid-July. Only Central GOK will continue to operate, but at decreased capacity, the enterprise notes. Metinvest will also reduce operations at its Kametstal steelworks to one blast furnace, due to logistical factors, rising production costs and fal…
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